LL Flooring (NYSE:LL) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of LL Flooring (NYSE:LL) in a research note issued on Tuesday. The firm set a “sell” rating on the specialty retailer’s stock.

LL Flooring Stock Down 2.5 %

NYSE:LL opened at $1.58 on Tuesday. The company has a market cap of $48.73 million, a price-to-earnings ratio of -0.44 and a beta of 1.89. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.12 and a current ratio of 1.54. The stock’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $2.78. LL Flooring has a 52-week low of $1.53 and a 52-week high of $5.52.

LL Flooring (NYSE:LL) last issued its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share (EPS) for the quarter. The firm had revenue of $211.78 million for the quarter. LL Flooring had a negative net margin of 11.44% and a negative return on equity of 44.10%.

Hedge Funds Weigh In On LL Flooring

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in shares of LL Flooring by 1.9% in the 1st quarter. BlackRock Inc. now owns 2,062,485 shares of the specialty retailer’s stock valued at $7,837,000 after acquiring an additional 39,270 shares during the period. Vanguard Group Inc. grew its holdings in shares of LL Flooring by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,835,575 shares of the specialty retailer’s stock valued at $12,721,000 after buying an additional 21,156 shares during the period. Hotchkis & Wiley Capital Management LLC increased its position in shares of LL Flooring by 35.9% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,287,350 shares of the specialty retailer’s stock valued at $4,892,000 after buying an additional 339,830 shares in the last quarter. Wellington Management Group LLP raised its stake in LL Flooring by 21.8% during the 1st quarter. Wellington Management Group LLP now owns 1,176,450 shares of the specialty retailer’s stock worth $16,494,000 after buying an additional 210,283 shares during the period. Finally, State Street Corp lifted its holdings in LL Flooring by 0.4% during the third quarter. State Street Corp now owns 1,054,636 shares of the specialty retailer’s stock worth $7,309,000 after acquiring an additional 3,770 shares in the last quarter. 54.33% of the stock is owned by institutional investors.

LL Flooring Company Profile

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.